KEDO Executive Board Meeting - November 21, 200311/21/2003
The Executive Board of the Korean Peninsula Energy Development Organization (KEDO), consisting of the United States, the Republic of Korea, Japan, and the European Union, given that the conditions necessary for continuing the Light-Water Reactor (LWR) project have not been met by the Democratic People’s Republic of Korea (DPRK), has decided to suspend the LWR Project in the DPRK for a period of one year, beginning December 1, 2003.

The future of the Project will be assessed and decided by the Executive Board before the expiration of the suspension period.

The suspension process will require preservation and maintenance both on-site and off-site. KEDO continues to consult with the DPRK in this process.

Suspension implies that KEDO and the DPRK will continue to observe the applicable provisions of the agreements and protocols concluded between them